Albury-Wodonga Development Corporation (Abolition) Act 2014 (117 of 2014)

Schedule 1   Amendments

Part 3   Transitional provisions

Division 6   Transitional functions and powers

20   Transitional functions and powers

(1) The Commonwealth may, for the purposes of facilitating the winding-up of the joint Commonwealth/State scheme or for purposes consequential to the operation of this Schedule:

(a) dispose of the assets that vest in the Commonwealth under Division 2; and

(b) do all things necessary or convenient to be done for or in connection with paragraph (a), including:

(i) entering into contracts and arrangements; and

(ii) constructing buildings and works, and carrying on services, whether directly or indirectly.

(2) This item does not limit what the Commonwealth may do with, or in relation to, those assets.

(3) In this item, joint Commonwealth/State scheme has the same meaning as in the Albury-Wodonga Development Act 1973 (as in force immediately before the commencement time).